China's DeepSeek AI sows doubts about US tech edge. Nasdaq, S&P 500 slide but Dow edges up
The tech-heavy Nasdaq and broad S&P 500 indexes slumped on Monday after a competitve artificial intelligence model from a Chinese startup sowed doubts about the U.S.'s approach to AI. Losses were...
Stock Bulls Get AI Wake-Up Call in Bruising Plunge: Markets Wrap
(Bloomberg) -- Wall Street had a rough start to the week on concern that a cheap artificial intelligence-model from Chinese startup DeepSeek could make valuations of the technology that has powered ...
Stock market today: Nasdaq clobbered, Nvidia sinks 17% while Dow stages comeback as AI fears shake markets
The Nasdaq tanked on Monday as a Chinese startup rattled faith in US leadership and profitability in AI, taking a hammer to Nvidia ( NVDA ), wiping out a record $589 billion in market value. Th...